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EcoGraf (ASX:EGR) receives City of Rockingham support

ASX News, Materials
ASX:EGR      MCAP $68.10M
16 August 2022 16:48 (AEST)

EcoGraf's proposed processing facility. Source: EcoGraf

EcoGraf (EGR) has received Local Government support for its new EcoGraf Battery Anode Material Facility in Western Australia.

The company has seen support from the City of Rockingham’s Planning and Engineering Services Committee for the new facility’s development approval.

Support from the City of Rockingham paves the way for a recommendation to the joint development assessment panel for the grant of the development approval.

Currently, the West Australian Department of Water and Environmental Regulation (DWER) is completing its assessment on the facility, with approvals expected this current quarter.

Earlier this year, EcoGraf submitted works and development approvals for the new battery facility, with the company planning to achieve operational commissioning in the first half of 2023.

The new facility will use the company’s HFfree purification process.

EGR shares were down 1.02 per cent to trade at 48.5 cents per share at market close.

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